NEU 2.34% $13.33 neuren pharmaceuticals limited

Ann: Neuren and Acadia expand global partnership for trofinetide, page-122

  1. 189 Posts.
    lightbulb Created with Sketch. 362
    At risk of getting involved with a poster who is clearly trying to bait or too lazy to do their own research or a mixture thereof I'll reply to your 2 points to save others doing so.

    1. NEU and Acadia have both repeatedly used figures of 4500 current patients with Rett Sx in US and repeatedly used figures of up to 9000 potential total patients. So potentially as many undiagnosed patients as those with formal diagnosis. While the blood test is "relatively easy" it has to be ordered by a paediatrician and Rett Sx is one of many neurodevelopmental conditions that have an array of similar symptoms. The patients don't wake up one morning and announce they have Rett Sx. With Daybue approval there will now almost certainly be impetus to seek a formal diagnosis and register number will definitely increase - to what is guesswork but if NEU/Acadia suggest 9000 then that seems reasonable given connections they have with physicians who actually treat the condition.

    2. There were many reasons given to explain the relatively high dropout. If you read the actual FDA approval report it is well covered. To list a few: in the trial patients had to commence at the treatment dose rather than titrate, couldn't stop aperients and had to attend multiple appointments often interstate for follow up and blood tests in the middle of a COvId pandemic. Clearly the uptake will be superior now that the drug is available and mostly affordable, can be titrated slowly, aperients can be ceased and there is not the strict conditions of trial follow up. I agree with your point that not all patients will respond to trofinetide the rest of your post is IMO garbage.
 
watchlist Created with Sketch. Add NEU (ASX) to my watchlist
(20min delay)
Last
$13.33
Change
-0.320(2.34%)
Mkt cap ! $1.719B
Open High Low Value Volume
$13.68 $13.68 $13.33 $1.212M 90.06K

Buyers (Bids)

No. Vol. Price($)
5 587 $13.33
 

Sellers (Offers)

Price($) Vol. No.
$13.34 239 9
View Market Depth
Last trade - 11.57am 18/09/2024 (20 minute delay) ?
NEU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.